For Sale $184,997
Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home offers immediate cash flow with a reliable long-term tenant currently on a 3-month lease paying $1,050/month, with potential for future rental upside as rent is currently below market value. The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history. Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways. Excellent opportunity for investors looking to add a solid income-producing property in a growing area!
| List Price: | $184,997 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 932 sqft |
| Parking: | Attached Carport, Driveway |
| MLS Number: | CAR4384073 |
| Subdivision: | None |
| Style: | Bungalow, Cottage, Ranch, Traditional |
| Bathrooms: | 1 |
| Lot Description: | Corner Lot |
| Year Built: | 1965 |
| Sewer Type: | Public Sewer |
| Elementary: | Coltrane-webb |
| Middle: | Concord |
| High: | Concord |
| Date | Event | Price | $/SQFT |
| 06-20-2026 | Listed | $184,997 | $199 |
| 08-15-2025 | Listed | $249,900 | $269 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Coltrane-Webb Elementary | 0 miles | KG-05 | 5 |
| Beverly Hills Elementary | 1 miles | KG-05 | 6 |
| R Brown McAllister Elementary | 2 miles | KG-05 | 4 |
| W M Irvin Elementary | 2 miles | PK-05 | 2 |
| Weddington Hills Elementary | 4 miles | KG-05 | 6 |
| Royal Oaks Elementary | 4 miles | KG-05 | 1 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 112 Academy Avenue, Concord NC | 0 mi | $184,997 | days | |
| 152 Academy Avenue, Concord NC | 0 mi | $234,000 | days | |
| 80-81 Academy Avenue, Concord NC | 0.1 mi | $397,000 | days | |
| 158 Academy Street, Concord NC | 0.1 mi | $204,999 | days | |
| 46 Marsh Avenue, Concord NC | 0.2 mi | $539,000 | days | |
| 117 Buffalo Avenue, Concord NC | 0.2 mi | $148,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Branch Wealth Partners, LLC
112 Academy Avenue, Concord NC is a 932 ft2 on a 0.163 acres lot. This is for $184,997. This has 2 bedrooms, 1 baths, and was built in 1965.
Based on information submitted to the MLS GRID as of 2026-06-20 09:20:32 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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